Businesses are affected by global recession in a range of ways.
Task One
In the 2009/10 financial year, the NZ Rugby Union made significant losses which they blamed on the Recession. Watch the video at the following link and complete the table below mapping the effects of the recession on the NZRU.
Complete the table The 1st Column Identifies four different functions (or departments) of the NZRU. Your groups' job is to identify at least two impacts that the global recession has had, or might have had, on each of the NZRU functions. Use the first column to identify any impacts that you were directly told about in the video. Use the second column to identify those impacts that you are suggesting based on your own knowledge of the business and the recession.
Business Function
What I KNOW happened based on the video
What I think is likely to happen given the recession
Finance Department
Human Resources Department
Ticket Sales Office
Corpoarte Sponsorship Department
Group Discussion Share your answers with your group, and fill in any 'gaps' in your own table. You may want to improve on your table as a group, and ammend your original answers as you disucss the ideas that are raised.
Add to your portfolio Add the completed table to your portfolio. Checkpoint! Before you move on to the next page, you should have added the following things to your portfolio:
The table of impacts of the recession on the NZRU is added to your portfolio
The Effects of Global Recession
Businesses are affected by global recession in a range of ways.
Task One
In the 2009/10 financial year, the NZ Rugby Union made significant losses which they blamed on the Recession. Watch the video at the following link and complete the table below mapping the effects of the recession on the NZRU.NZ Rugby Union unveils $15.9mill loss
The 1st Column Identifies four different functions (or departments) of the NZRU. Your groups' job is to identify at least two impacts that the global recession has had, or might have had, on each of the NZRU functions. Use the first column to identify any impacts that you were directly told about in the video. Use the second column to identify those impacts that you are suggesting based on your own knowledge of the business and the recession.
Share your answers with your group, and fill in any 'gaps' in your own table. You may want to improve on your table as a group, and ammend your original answers as you disucss the ideas that are raised.
Add the completed table to your portfolio.
Before you move on to the next page, you should have added the following things to your portfolio: